북미의 주철 시장 예측(-2031년) - 지역별 분석(유형별, 프로세스별, 최종 용도별)

The North America iron casting market was valued at US$ 33,402.13 million in 2023 and is expected to reach US$ 50,190.44 million by 2031; it is estimated to register a CAGR of 5.2% from 2023 to 2031.

Rising Demand for Industrial Machinery Fuels North America Iron Casting Market

Industrial machinery enhances the productivity of manufacturing operations and positively impacts industrial competitiveness. According to the International Trade Administration, in 2021, the US exported machinery worth US$ 44 billion and electrical machinery worth US$ 24 billion. According to the US Census Bureau, the sales of metalworking machinery in the US accounted for US$ 31.8 billion in 2019. As per the Parker Hannifin Corporation report, the global market for computer numerically controlled (CNC) machine tools is projected to reach US$ 129 billion by 2026. According to the US Plastics Industry Association, injection molding and extrusion machinery shipments rose by 19.3% in the fourth quarter of 2020 compared to the same period in 2019 in North America. A press release by the International Federation of Robotics in 2022 stated that car and car component manufacturers accounted for 47% of robot orders in North America in Q1 2022, a rise of 15% year-on-year. Industrial machineries perform diverse operations, from material handling, assembly, and welding to finishing and palletizing applications. Iron castings are widely used in the production of bearing housing, machine tool components, and machinery frames and bases. Also, they are used for structural support. Thus, the rising demand for industrial machinery propels the North America iron casting market .

North America Iron casting Market Overview

Industries such as automotive, aerospace and industrial machinery widely use components manufactured from iron casting. In 2021, the Naval Foundry and Propeller Center manufactured 90.72 metric tons of iron casting for a Columbia-Class submarine. According to the American Foundry Society, the geographic concentration of casting facilities is dispersed in Ohio, Pennsylvania, Indiana, Illinois, Michigan, California, Texas, and Wisconsin, with ~1,500 foundries in the US. The country comprises both large-scale foundries and small-scale specialty iron casting foundries. Several foundries in the US are also focusing on sustainable practices such as the utilization of recycled materials and energy-efficient casting processes. Thus, the rising demand for iron casting from end-use industries propels the iron casting market growth in the country.

North America Iron Casting Market Revenue and Forecast to 2031 (US$ Million)

North America Iron Casting Market Segmentation

The North America iron casting market is categorized into type, process, end use, and country.

Based on type, the North America iron casting market is segmented into grey iron, ductile iron, and others. The grey iron segment held the largest market share in 2023.

Based on process, the North America iron casting market is categorized into die casting, centrifugal casting, sand casting, investment casting, and others. The sand casting segment held the largest market share in 2023.

In terms of end use, the North America iron casting market is segmented into automotive, industrial machinery, aerospace, building & construction, energy, marine, and others. The automotive segment held the largest market share in 2023.

By country, the North America iron casting market is segmented into the US, Canada, and Mexico. The US dominated the North America iron casting market share in 2023.

Aarrowcast Inc, Cadillac Casting Inc, Calmet Inc, Fusium Inc, Decatur Foundry Inc, Grupo Industrial Saltillo SAB de CV, Willman Industries Inc, OSCO Industries Inc, Mesa Castings Inc, and Waupaca Foundry Inc are some of the leading companies operating in the North America iron casting market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Secondary Research
• 3.2 Primary Research
  • 3.2.1 Hypothesis formulation:
  • 3.2.2 Macro-economic factor analysis:
  • 3.2.3 Developing base number:
  • 3.2.4 Data Triangulation:
  • 3.2.5 Country level data:

4. North America Iron Castings Market Landscape

• 4.1 Overview
• 4.2 Porter's Five Forces Analysis
  • 4.2.1 Bargaining Power of Suppliers
  • 4.2.2 Bargaining Power of Buyers
  • 4.2.3 Threat of New Entrants
  • 4.2.4 Competitive Rivalry
  • 4.2.5 Threat of Substitutes
• 4.3 Ecosystem Analysis
  • 4.3.1 Raw Material Suppliers:
  • 4.3.2 Manufacturers:
  • 4.3.3 Distributors or Suppliers:
  • 4.3.4 End-Use Industry:
  • 4.3.5 List of Vendors in the Value Chain

5. North America Iron Castings Market - Key Market Dynamics

• 5.1 North America Iron Castings Market - Key Market Dynamics
• 5.2 Market Drivers
  • 5.2.1 Growing Automotive and Construction Industry
  • 5.2.2 Rising Demand for Industrial Machinery
• 5.3 Market Restraints
  • 5.3.1 Fluctuations in Raw Material Prices
• 5.4 Market Opportunities
  • 5.4.1 Strategic Expansion Activities
• 5.5 Future Trends
  • 5.5.1 Recycling Initiatives
• 5.6 Impact of Drivers and Restraints:

6. Iron Castings Market - North America Market Analysis

• 6.1 Overview
• 6.2 North America Iron Castings Market Volume (Kilo Tons), 2021-2031
• 6.3 North America Iron Castings Market Volume Forecast and Analysis (Kilo Tons)
• 6.4 North America Iron Castings Market Revenue (US$ Million), 2023-2031
• 6.5 North America Iron Castings Market Forecast and Analysis

7. North America Iron Castings Market Volume and Revenue Analysis - by Type

• 7.1 Grey Iron
  • 7.1.1 Overview
  • 7.1.2 Grey Iron: North America Iron Castings Market - Volume and Forecast to 2031 (Kilo Tons)
  • 7.1.3 Grey Iron: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
• 7.2 Ductile Iron
  • 7.2.1 Overview
  • 7.2.2 Ductile Iron: North America Iron Castings Market - Volume and Forecast to 2031 (Kilo Tons)
  • 7.2.3 Ductile Iron: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
• 7.3 Others
  • 7.3.1 Overview
  • 7.3.2 Others: North America Iron Castings Market - Volume and Forecast to 2031 (Kilo Tons)
  • 7.3.3 Others: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)

8. North America Iron Castings Market Revenue Analysis - by Process

• 8.1 Die Casting
  • 8.1.1 Overview
  • 8.1.2 Die Casting: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
• 8.2 Centrifugal Casting
  • 8.2.1 Overview
  • 8.2.2 Centrifugal Casting: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
• 8.3 Sand Casting
  • 8.3.1 Overview
  • 8.3.2 Sand Casting: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
• 8.4 Investment Casting
  • 8.4.1 Overview
  • 8.4.2 Investment Casting: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
• 8.5 Others
  • 8.5.1 Overview
  • 8.5.2 Others: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)

9. North America Iron Castings Market Revenue Analysis - by End Use

• 9.1 Automotive
  • 9.1.1 Overview
  • 9.1.2 Automotive: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
• 9.2 Industrial Machinery
  • 9.2.1 Overview
  • 9.2.2 Industrial Machinery: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
• 9.3 Aerospace
  • 9.3.1 Overview
  • 9.3.2 Aerospace: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
• 9.4 Building and Construction
  • 9.4.1 Overview
  • 9.4.2 Building and Construction: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
• 9.5 Energy
  • 9.5.1 Overview
  • 9.5.2 Energy: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
• 9.6 Marine
  • 9.6.1 Overview
  • 9.6.2 Marine: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
• 9.7 Others
  • 9.7.1 Overview
  • 9.7.2 Others: North America Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)

10. North America Iron Castings Market -Country Analysis

• 10.1 North America
  • 10.1.1 North America Iron Castings Market Revenue and Forecast and Analysis - by Country
    • 10.1.1.1 North America Iron Castings Market Volume and Forecast and Analysis - by Country
    • 10.1.1.2 North America Iron Castings Market Revenue and Forecast and Analysis - by Country
    • 10.1.1.3 United States Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
      • 10.1.1.3.1 United States Iron Castings Market Breakdown by Type
      • 10.1.1.3.2 United States Iron Castings Market Breakdown by Process
      • 10.1.1.3.3 United States Iron Castings Market Breakdown by End Use
    • 10.1.1.4 Canada Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
      • 10.1.1.4.1 Canada Iron Castings Market Breakdown by Type
      • 10.1.1.4.2 Canada Iron Castings Market Breakdown by Process
      • 10.1.1.4.3 Canada Iron Castings Market Breakdown by End Use
    • 10.1.1.5 Mexico Iron Castings Market - Revenue and Forecast to 2031 (US$ Million)
      • 10.1.1.5.1 Mexico Iron Castings Market Breakdown by Type
      • 10.1.1.5.2 Mexico Iron Castings Market Breakdown by Process
      • 10.1.1.5.3 Mexico Iron Castings Market Breakdown by End Use

11. Competitive Landscape

• 11.1 Heat Map Analysis
• 11.2 Company Positioning & Concentration

12. Industry Landscape

• 12.1 Overview
• 12.2 Mergers and Acquisitions
• 12.3 Agreements, Collaborations, and Joint Ventures
• 12.4 New Product Launches
• 12.5 Expansions and Other Strategic Developments

13. Company Profiles

• 13.1 Aarrowcast Inc
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
  • 13.1.6 Key Developments
• 13.2 Cadillac Casting Inc
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
  • 13.2.6 Key Developments
• 13.3 Calmet Inc
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
  • 13.3.6 Key Developments
• 13.4 Fusium Inc
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
  • 13.4.6 Key Developments
• 13.5 Decatur Foundry Inc
  • 13.5.1 Key Facts
  • 13.5.2 Business Description
  • 13.5.3 Products and Services
  • 13.5.4 Financial Overview
  • 13.5.5 SWOT Analysis
  • 13.5.6 Key Developments
• 13.6 Grupo Industrial Saltillo SAB de CV
  • 13.6.1 Key Facts
  • 13.6.2 Business Description
  • 13.6.3 Products and Services
  • 13.6.4 Financial Overview
  • 13.6.5 SWOT Analysis
  • 13.6.6 Key Developments
• 13.7 Willman Industries Inc
  • 13.7.1 Key Facts
  • 13.7.2 Business Description
  • 13.7.3 Products and Services
  • 13.7.4 Financial Overview
  • 13.7.5 SWOT Analysis
  • 13.7.6 Key Developments
• 13.8 OSCO Industries Inc
  • 13.8.1 Key Facts
  • 13.8.2 Business Description
  • 13.8.3 Products and Services
  • 13.8.4 Financial Overview
  • 13.8.5 SWOT Analysis
  • 13.8.6 Key Developments
• 13.9 Mesa Castings Inc
  • 13.9.1 Key Facts
  • 13.9.2 Business Description
  • 13.9.3 Products and Services
  • 13.9.4 Financial Overview
  • 13.9.5 SWOT Analysis
  • 13.9.6 Key Developments
• 13.10 Waupaca Foundry Inc
  • 13.10.1 Key Facts
  • 13.10.2 Business Description
  • 13.10.3 Products and Services
  • 13.10.4 Financial Overview
  • 13.10.5 SWOT Analysis
  • 13.10.6 Key Developments

14. Appendix

• 14.1 About The Insight Partners